The U.S. Navy unrolled its budget request for fiscal 2010 on May 7, featuring a topline of $156.4 billion, including $4.18 billion for a new Virginia-class submarine. “There is an initiative within the department to get the cost of the Virginia-class down to $2 billion per boat,” said briefer Rear Adm. J.T. Blake, deputy assistant secretary of the Navy for budget. “There is tremendous pressure on the system to drive the cost down.” The change in price could occur by FY ’12, Blake said. ...

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